The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of
Commerce, announced today that the goods and services deficit was $42.4 billion in November,
down $2.2 billion from $44.6 billion in October, revised. November exports were $182.2 billion,
$1.6 billion less than October exports. November imports were $224.6 billion, $3.8 billion less
than October imports.

The November decrease in the goods and services deficit reflected a decrease in the goods deficit
of $2.3 billion to $61.3 billion and a decrease in the services surplus of $0.1 billion to $18.9
billion.

Year-to-date, the goods and services deficit increased $25.2 billion, or 5.5 percent, from the
same period in 2014. Exports decreased $99.0 billion or 4.6 percent. Imports decreased $73.7
billion or 2.8 percent.

Goods and Services Three-Month Moving Averages (Exhibit 2)

The average goods and services deficit decreased $2.1 billion to $43.1 billion for the three
months ending in November.
* Average exports of goods and services decreased $0.7 billion to $184.3 billion in November.
* Average imports of goods and services decreased $2.8 billion to $227.4 billion in November.

Year-over-year, the average goods and services deficit increased $1.2 billion from the three
months ending in November 2014.
* Average exports of goods and services decreased $12.1 billion from November 2014.
* Average imports of goods and services decreased $10.9 billion from November 2014.

Exports of services decreased $0.1 billion to $60.0 billion in November.
* Transport, which includes freight and port services and passenger fares, decreased $0.1
billion.
* Government goods and services decreased $0.1 billion.
* Other business services, which includes research and development services; professional
and management services; and technical, trade-related, and other services, increased $0.1
billion.

* All statistics referenced are seasonally adjusted; statistics are on a balance of payments
basis unless otherwise specified. Additional statistics, including not seasonally adjusted
statistics and details for goods on a Census basis, are available in Exhibits 1-20b of this
release. For information on data sources, definitions, and scheduled release dates through
December 2016, see the information section on page A-1 of this release. The next release is
February 5, 2016.

* For definitions of goods on a balance of payments basis, goods on a Census basis, and net
balance of payments adjustments, see the information section on page A-1 of this release.

NOTICE

With the release of the “U.S. International Trade in Goods and Services: January 2016” report
(FT-900) and the accompanying FT-900 Supplement on March 4, 2016, the following changes will be
made:

Changes to Exhibits 7, 8, and 17a of the FT-900

Commodity detail will be presented for the end-use category Automotive vehicles, parts, and
engines in Exhibits 7 and 8.

Examples of modified Exhibits 7, 8, and 17a are available at
www.census.gov/foreign-trade/statistics/notices/20151204_ft900.html.

Change to OPEC

OPEC will include Indonesia, which rejoined on January 1, 2016. This change will affect Exhibits
14, 17a, and 19 of the FT-900 and Exhibit 4 of the FT-900 Supplement. This change will also
affect Exhibits 20, 20a, and 20b of the FT-900 with the April 2016 release on June 3, 2016.

If you have questions or need additional information, please contact the U.S. Census Bureau,
Economic Indicators Division, on (800) 549-0595, option 4, or at eid.international.trade.data@census.gov.

To learn more about the FT-900 and other economic indicators the Census Bureau publishes, join
the Economic Indicators Division for the “Investigating Economic Indicators” Webinar series. For
more information, visit www.census.gov/econ/webinar.